RE/MAX Accord's Market Report

Piedmont, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



Piedmont, CA

Mon Jun 17 2019
This week the median list price for Piedmont, CA is $2,395,000 with the market action index hovering around 61. This is less than last month's market action index of 65. Inventory has held steady at or around 11. Click here to stay informed with the Piedmont market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Piedmont, CA

Mon Jun 17 2019
This week the median list price for Piedmont, CA is $2,395,000 with the market action index hovering around 61. This is less than last month's market action index of 65. Inventory has held steady at or around 11. Click here to stay informed with the Piedmont market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Piedmont market.
Median List Price $2,395,000
Per Square Foot $814
Days on Market 33
Price Decreased 18%
Price Increased 9%
Relisted 18%
Inventory 11
Median House Rent
Most Expensive $6,800,000
Least Expensive $1,350,000
Market Action Index
Strong Seller's Market
61

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$6,740,000 7,683 0.5 - 1 acre 6 1 100 1 0 28
$3,400,000 3,462 8,000 - 10,000 sqft 5 5 81 0 1 35
$1,900,000 2,774 4,500 - 6,500 sqft 4 3 92 0 0 32
$1,550,000 1,806 4,500 - 6,500 sqft 3 2 69 0 1 37